Storefront Property with Highway
For Sale
$299,990
2664 Simpson Road, Kissimmee, FL 34744
Commercial unit near a shopping center, major hospital, schools, and key regional routes.
Property Size1,056 SF
Price / SF$284.08
Days on Market1641
Property Features for 2664 Simpson Road
General Information
Standard status
Active
Size
1,056 SF
Property subtype
Commercial Sale / Mixed Use
Zoning
OPD
Net Operating Income
$16,375
Taxes and HOA fees
Annual Taxes
$2,225
Amenities
Central Air
Central, Electric
No
Insulated Windows
Square Feet
Public Records
Shingle
1
Slab
Block
Building Details
Year Built
2006
Listing Agency:
DINA REALTY GROUP, INC.
Listed By:
Dina Recio · License #618682
(407) 933-7222
Source:
Compass
Added: Apr 19, 2022
Changed: Oct 11
Last Checked: Oct 15 at 1:41AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of DINA REALTY GROUP, INC.
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Investment Insights
Based on property information with market context.
This storefront commercial unit contains 1056 square feet and was built in 2006. Interior features include central air, central electric service, and insulated windows. The property is zoned OPD and includes a block-and-slab construction profile with a shingle exterior element.
The address is on Simpson Road in Kissimmee, near Lake Nona and a shopping center area. A major hospital and prominent schools are nearby, while regional access is available via Highway 192, the Turnpike, and I-4. Unit 2666 is also available for sale, offering an additional property option at the same location.
The address is on Simpson Road in Kissimmee, near Lake Nona and a shopping center area. A major hospital and prominent schools are nearby, while regional access is available via Highway 192, the Turnpike, and I-4. Unit 2666 is also available for sale, offering an additional property option at the same location.
Key Highlights
- 1056 square feet of storefront commercial space
- Built in 2006
- OPD zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,737
Cap Rate
6.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$414,740
$414.7K
Cap Rate 7%
$296,243
$296.2K
Cap Rate 9%
$230,411
$230.4K
Market Conditions
NOI Build-Up for 1,056 SF
Gross rent
$30.7K $29.04/SF
− Vacancy
−$1.0K −$0.99/SF
EGI
$29.6K $28.05/SF
− OpEx
−$8.9K −$8.42/SF
NOI
$20.7K $19.64/SF
Area
Osceola County, FL
Vacancy
3.40%
Lease Rate
$29.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$414,740
Cap Rate 7%
$296,243
Cap Rate 9%
$230,411
Alternative Uses
Best Use
Retail
$296.2K
$259.2K – $345.6K
NOI $20,737 @ 7.0% cap · market cap 6.91%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$326.5K
$285.7K – $381.0K
NOI $22,857 @ 7.0% cap · market cap 7.62%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
501
Businesses Nearby
145k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 46%
Groceries 28%
Dining 22%
Electronics 3%
Publix
Groceries
40,137 visits/mo
0.2 miles
McDonald's
Dining
30,999 visits/mo
0.3 miles
Dollar Tree
Shops & Services
19,474 visits/mo
0.1 miles
Circle K
Shops & Services
13,049 visits/mo
0.2 miles
Chevron
Shops & Services
7,745 visits/mo
0.3 miles
Demographics for 34744, FL
59,232
Population
22,800
Households
2.6
Avg Household Size
38
Median Age
26%
College-Educated
87%
High-School Grad
33.3 sq mi
ZIP Area
1,779
Density / Sq Mi
$69,837
Median Household Income
$35,174
Median Earnings
$1,426
Median Rent
$326,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Storefront property - Commercial unit near a shopping center, major hospital, schools, and key regional routes.
Where is this storefront property located?
The property is located at 2664 Simpson Road Kissimmee, FL.
What is the asking price?
The asking price for this property is $299,990.
What are key features of this property?
This property features: 1056 square feet of storefront commercial space; Built in 2006; OPD zoning
